Octopus Titan VCT (LON:OTV2) Announces Earnings Results

Octopus Titan VCT (LON:OTV2) posted its quarterly earnings results on Friday. The company reported GBX 0.10 earnings per share for the quarter, Digital Look Earnings reports. Octopus Titan VCT had a negative return on equity of 15.45% and a net margin of 238.29%.

Octopus Titan VCT Stock Performance

Shares of OTV2 traded up GBX 1.50 during midday trading on Friday, hitting GBX 19. 14,662 shares of the company traded hands, compared to its average volume of 51,275. The stock has a market cap of £313.16 million, a price-to-earnings ratio of -3.45 and a beta of -0.09. The firm has a 50 day moving average of GBX 14.90 and a 200-day moving average of GBX 16.92. Octopus Titan VCT has a 52 week low of GBX 10 and a 52 week high of GBX 27.

Octopus Titan VCT Company Profile

Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments. It invests in companies that are not listed on the main market of the London Stock Exchange. The fund seeks to invest in environmental, technology, media, telecoms, consumer lifestyle and wellbeing sectors. The fund invests in smaller unquoted companies based in the United Kingdom. It prefers to invest between £0.25 million ($0.35 million) and £25 million ($35.3 million) in first round of funding.